Hilco Redevelopment Partners Welcomes Target to Little Village

After nearly 83 years, the residents of Little Village have a new neighbor, Exchange 55. Hilco Redevelopment Partners is proud to have transformed the site into an sustainable, state of the art logistics facility that will serve as an economically viable and socially responsible engine for the neighborhood.

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The Future Starts Now

Chicago's largest LEED-Certified green warehouse building
1000+ new jobs
An infrastructure that supports electric vehicles and a roof that accommodates solar panels
Creation of over 2000 new jobs
10 acres of new Greenspace
Robust landscaping including 700 trees, 400 native plants and bio-swales to absorb approximately 16 tons of CO2 per year
LED lighting and energy efficient fixtures throughout the one million square foot facility
New paths and crosswalks so employees can walk, bike or take public transit to work from the Little Village neighborhood
New CTA bus stops with improved access in and out of the neighborhood
700+ Union jobs over the course of the redevelopment
2000+ permanent jobs at the flow center, paying a minimum of $20/hr
$86K+ in scholarships for Southwest Chicago neighbors

BUILDING A FUTURE TOGETHER

COMMUNITY ENGAGEMENT

“ There is no better example of what success looks like than our partnership with Hilco Redevelopment Partners to deliver Exchange 55 in Little Village, Chicago’s largest LEED-Certified industrial facility. Built with 100% union labor, including millions of dollars flowing to minority and women-owned businesses, this environmentally friendly facility that employs thousands of workers in good-paying jobs is a prime example of what can be achieved when companies make an investment in our workers and our communities. ”

James M. Sweeney, President, Int'l Union of Operating Engineers Local 150

“ Hilco Redevelopment Partners’ (HRP) conversion of the former Crawford power plant into a vibrant and sustainable logistics hub in Little Village is a prime example of the type of investment we need to attract to the often-overlooked industrial corridors of our city. ”

Jaime di Paulo, President, CEO, IL Hispanic Chamber of Commerce

“ The Little Village Chamber of Commerce supports the Exchange 55 development because we believe it will result in long-lasting economic growth and a range of long-term benefits to the Little Village Community and surrounding areas. We look forward to the thousands of job opportunities being created in the current economic times. The environmental elements of the project are an added benefit along with the beautification of the area. ”

Board of Directors of LVCC